,i  #aacth ,,congress  #ast ,session    
,h4 ,r4 #cjbi  ,,in ,,the ,,house ,,of  
,,representatives  ,august #b1 #bjac    
,mr4 ,hurt 7for himself and ,mr4        
,delaney7 introduced the following bill2
 which was referred to the ,committee on
 ,financial ,services  ,a ,,bill  ,to   
direct the ,securities and ,exchange    
,commission to revise certain rules     
relating to the status of qualified     
prepaid tuition programs under the      
securities laws4  #a4 ,short title ,this
 ,act may be cited as the ,college      
,savings ,enhancement ,act of #bjac4    
#b4 ,status of qualified prepaid tuition
 programs  7a7 ,revision of rules ,not  
later than #bgj days after the date of  
enactment of this ,act1 the ,securities 
and ,exchange ,commission shall revise  
its regulations contained in--  7#a7    
section #bcj4add;,a7a77#a7 of title #ag1
 ,code of ,federal ,regulations1 to     
include qualified prepaid tuition       
programs under the definition of a      
qualified institutional buyer2 and  7#b7

 section #bcj4eja of such title1 to     
include qualified prepaid tuition       
programs that have total assets in      
excess of #e1jjj1jjj as accredited      
investors4  7b7 ,qualified prepaid      
tuition program defined ,for purposes of
 the revisions required by subsection   
7a71 the term qualified prepaid tuition 
program means a qualified tuition       
program 7as defined in section          
#ebi7;b77#a77;,a77i7 of the ,internal   
,revenue ,code of #aihf 7#bf ,u4,s4,c4  
#ebi7;b77#a77;,a77i777 established and  
maintained by a ,state or agency or     
instrumentality of a ,state1 and that   
satisfies the other requirements of such
 section #ebi4